Prudent Corporate Advisory Services Ltd Ahmedabad : Equity Branch Manager

[Admin]

Prudent Corporate Advisory Services Ltd is a trusted & leading financial service provider. We are a young and dynamic organisation, managed by a dedicated team of professionals. We are committed to provide a work environment where our employees take pride in what they do.

We provide a nurturing environment that gives ample scope to grow professionally and personally. We are seeking passionate professionals to be a part of our team.

If you want to be a part of a highly motivated team. please send an email to hr@prudentcorporate.com

Branch Manager-Equity

Function: Branch sales
Location: Ahmedabad, Baroda, Surat, Rajkot
Description: Monitoring Branch targets in Volumes
Manage – Grow acquisition channel
Target-setting & Target management for the branch
Motivating, developing & managing a team
Handling a growing staff which include dealers/ relationship managers
Managing sales of financial products & services (Equity) as a profit center for the branch
Business Development / Revenue Generation / Customer Acquisition & Retention.

Desired Profile:
Candidates should be any graduate & NCFM qualified
4 to 5 yrs exp in Financial or stock broking firm
Good Coordination & Communication skills
Be ready to take responsibilities initiative & should be able to take business pressure- have good contacts in the local area to generate the business for the branch
Be target oriented
Age group of 30 to 40.
Experience: 4 to 6 years
Apply To: hr@prudentcorporate.com


Contact Us

Head Office

701, Sears Tower, Gulbai Tekara, Off C.G. Road
Ahmedabad - 380 006
Telefax: +91-79-26463627, 26402436
Contact Person: Mr. Chirag modi
Email: info@prudentcorporate.com

http://www.prudentcorporate.com

[Guest-IJT]

MOHAMMED NEHAL
E-Mail : mnehal123 AT gmail.com
Seeking Regional level assignments in Credit, Collections, Fraud and Investigation with a growth oriented organization.

Professional Synopsis
- A dynamic professional with over 8 years of experience in Business Development, Collections & Recovery , Risk Management and Team Management across Banks and NBFC’ s.
- Portfolio Analyzing and Strategy building for Collections and Recoveries.
- A Strategic planner with proficiency in devising strategy for collection and recovery from clients against pending / unpaid bills after providing advice on various payment options.
- Proven track record in Collections and Customer Interaction, resulting into meeting stiff targets and achieving milestones in Retail Banking Collections in Kolkata.
- Ability to support and sustain a positive work environment that fosters team performance with strong communication and relationship management skills.
Areas of Expertise
Operations
- Collections
o Managing delinquent account collection and establishing terms of payment as well as getting customers contacted by phone to inform them of an unpaid account.
o Preparing MIS reports to provide feedback to top management on business operations, viz., sales, billing, collection, credit control, profitability, etc.
- Recovery Management
o Conceptualizing & implementing recovery strategies in case of payment defaults.
o Supervising the team for managing high value fraud cases / defaulters / insolvent clients and initiating appropriate legal actions against them.
- Risk Management
o Allocation of cases, capacity planning, ensuring field visits, curtailing flow rates and normalization of delinquent accounts.
o Devising and effectuating risk policies & managing wide risks and implementing effective mechanisms to mitigate the same.
Business Development
- Exploring potential business avenues; consulting sales operations for achieving increased business growth and initiating market development efforts.
- Analysing latest marketing trends and tracking competitors’ activities and providing valuable inputs for fine tuning sales & marketing strategies.
Legal Affairs
- Co-ordinating with legal department for sending the legal notices to the non-payment accounts.
- Monitoring accounts & developing reports to ensure compliance with legal statutes & initiating strong legal action in case of continuous payment default.
Portfolio Management/ Client Relationship Management
- Monitoring clients’ portfolio performance, conducting profitability analysis, rendering sustained advisory services & increasing retention levels.
- Analysing risk appetite for providing them apt solutions; ensuring solutions provided match risk profile.
- Providing advisory services to corporate & high net-worth customers on improve funds management and profitability.
Team Management
- Recruiting, training & monitoring the performance of team members to ensure efficiency in process, operations and meeting of individual & group targets.
- Conducting meetings for setting up performance objectives and designing or streamlining processes to ensure smooth functioning of collection operations.
Organisational Experience
Dec’06 – May ‘11 with Hong Kong and Shanghai Banking Corporation Limited, Kolkata
Recovery Manager – Personal Loans
________________________________________
Noteworthy Milestones
- Had handled PL Write off Pool (Stock of over 40 crores)
- Was in the Talent Pool for HSBC Recoveries in 2010 (Appraisal Rating of 1 ‘Outstanding‘ for 2010)
- Improved Personal Loan Recoveries from earlier 19 lacs to 28 lacs plus with two Officers and three Debt Collection Agencies.
- Have worked closely with other departments to track down Customer disputes/Non starter cases and brought down their resolution frequency to 90%.
- Managed 30+ delinquency for Personal Loans (Stock of over 15crores from bucket 4, 6 and 7) and leading a team of two officers and three Debt Collection Agencies.
- Have been successful to close all ZT audit requirements with due diligence and has been able to create audit awareness in the unit.
- Designed Personal Loan Legal Recoveries Policy specific to Kolkata Market with the help of a lawyer in the team and have set up legal tools which has been implemented and followed PAN INDIA.
- Maintaining and ensuring due observance of HSBC Internal Control Standards, including the timely implementation of recommendations made by internal / external auditors and external regulators.
- Being awarded HEROES consistently for the last four months in HSBC PIL Collections Kolkata and nominated for Year of Hat trick quarterly meet, Mumbai -2010.
- Being awarded Best Manager – Eastern India with Net Recoveries of 18+ lacs.
- Being nominated twice for ‘WOW story’ recommended by Head Consumer Credit Risk – HSBC in Nov 2009 and August 2010.
- Received an award in 2007 , Year of Hat trick as the best Pre - Write-off resource PAN INDIA
May’06-Dec’06 with ABN AMRO Bank NV, Kolkata
Senior Officer – Unsecured Loans
________________________________________
Noteworthy Milestones
- Managing 30+ delinquency for Personal Loans product (Stock of over 4crores in bucket 1 and 1.5 crores in bucket 2) and leading a team of two Officers and five external telecallers.
Jan’05-May’06 with Citifinancial Consumer Finance India Ltd, Kolkata
Assistant Manager________________________________________
Noteworthy Milestones
- Had handled Madhyamgram branch consisting of a portfolio value of over 4crores from Current to recoveries.
- Had handled a Tele calling Unit consisting of 20+telecallers and 100+ FTE’s.
- Was elected on a special team to review Credit worthiness from Collections team Eastern India to review sourcing of loans and demarcate the outer city and negative area limits for loan sourcing.
- Had handled the entire GCL portfolio value of over 2.5crores for Citifinancial Kolkata comprising of eleven branches
- Received an award for Outstanding Performance in Collections in 2005
Preceding Assignments

Aug’03-Jan’05 with ADFC (a service provider of HDFC Bank) as Senior Officer
Jan’03-Aug’03 with Deepak Associates as Supervisor –Telecalling.
Academia
- B.Com. from Umeshchandra College, Calcutta University in 2001.
IT Skills[]: Well versed with MS Office & Internet